Australia: Ruling conservatives win tight election
July 10, Sydney: Australia's ruling conservatives have been confirmed winners in general election which held last week, after opposition Labor leader Bill Shorten conceded.
Shorten said it was clear PM Malcolm Turnbull's coalition had won, adding that he had already congratulated him.
Votes are still being counted, but the government is expected to win just enough seats for a majority, reports said.
However, a strong swing against it has left doubts about its agenda and Turnbull's leadership.
According to reports, the Liberal-National coalition still remains short of the 76 seats it needs to claim a majority in the lower house, the House of Representatives. But it should secure at least 74, and also has the support of three independent and minor party politicians - Cathy McGowan,
Andrew Wilkie and Bob Katter - guaranteeing budget supply and confidence.
Labor is currently on 66 seats, with five still in doubt.
The Oslo Times International News Network